Tech Company Financing Transactions
SMART Photonics Funding Round
SMART Photonics, based in Eindhoven, raised $112.4 million from ASML, BOP Capital and Bpifrance.
Transaction Overview
Company Name
Announced On
7/12/2023
Transaction Type
Debt
Amount
$112,365,000
Round
Undisclosed
Proceeds Purpose
The new capital will be used to solidify its market position as a leading manufacturer of next-generation chips in a growing European photonic value chain. Additionally, the company intends to extend its manufacturing capabilities and accelerate the development of its photonic integrated chip technology platforms and its Process Design Kits (PDKs).
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
High Tech Campus 29
Eindhoven, 5656 AE
NL
Eindhoven, 5656 AE
NL
Phone
Website
Email Address
Overview
SMART Photonics aims to improve people's lives and create a better world with the help of integrated photonics. We are an independent pure-play foundry -- producing high-end Photonic Integrated Circuits for customers. One that thinks along. Our goal? To always look for innovative solutions that make a difference for our customers. From proof of concept to full production. Adding value at every step of the way. And no matter what the challenge is, we make it happen.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 7/12/2023: Resemble AI venture capital transaction
Next: 7/12/2023: Septerna venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs